Common use of Destruction of Documents Clause in Contracts

Destruction of Documents. Any documents, schedules, invoices or other papers delivered to the Lender by the Borrower may be destroyed or otherwise disposed of by the Lender three months after they are delivered to or received by the Lender, unless the Borrower requests prior to delivery, in writing, the return of said documents, schedules, invoices or other papers and makes arrangements, at the Borrower's expense, for their delivery to the Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Technology Flavors & Fragrances Inc), Loan and Security Agreement (Access Beyond Inc)

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Destruction of Documents. Any documents, schedules, invoices or ------------------------ other papers delivered to the Lender by the Borrower may be destroyed or otherwise disposed of by the Lender three months after they are delivered to or received by the Lender, unless the Borrower requests prior to delivery, in writing, the return of said documents, schedules, invoices or other papers and makes arrangements, at the Borrower's expense, for their delivery to the Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Tech Electro Industries Inc/Tx)

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